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1. Show what happens to the market price and quantity for Private Universities when there is a) Decrease in tuition at public universities. b) Decrease

1. Show what happens to the market price and quantity for Private Universities when there is a) Decrease in tuition at public universities. b) Decrease in the price of electricity. c) Increase in faculty salaries, d) Publication of an article showing lower salaries for college graduates vs. high school graduates. 2. Graph the Market and Find the Equilibrium Price

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